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Apple (the creator of iPad, iPhone, iPods, Macs) have shown exceptional Q1 2012 results. Apple made a record revenue of $46.33 billion and net profit of $13.06 billion.
Though many predicted that Apple's sales would've decreased with the increased popularity of the Android platform, many of those predictions were proven false with this result. Even just today, Apple's stocks went up $25, which is a 6% increase of their overall share price.
With the release of Apple's electronic textbooks (iBooks 2), which is rumoured to price textbooks under $15 (great save for those university students). The application is also supposed to enable users to be able to create their own textbooks and release it on the market, which is a similar concept to the application market. It seems like Apple is always coming up with new innovative ideas that bring life into a new market.
Especially with the rumoured iPhone 5 coming out sometime this June or fall of 2012, it seems as though no one will be able to stop this tech giant from increasing their profits.
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